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Conditional Fee Agreement Template for Ireland

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Key Requirements PROMPT example:

Conditional Fee Agreement

"I need a Conditional Fee Agreement for a personal injury case, with a 25% success fee payable only if we achieve a settlement or court award exceeding €50,000, to be effective from March 1, 2025."

Document background
The Conditional Fee Agreement is a crucial document in Irish legal practice that establishes an alternative fee arrangement between legal practitioners and their clients. It is typically used when clients require legal services but prefer or need to link payment to the successful outcome of their case. The agreement sets out clear success criteria, basic charges, and any success fee payable, ensuring compliance with Irish legal requirements and professional conduct rules. This document is essential for risk-sharing arrangements in litigation and includes detailed provisions on scope of services, payment terms, and termination rights. The agreement must carefully balance the interests of both parties while adhering to Irish legal framework, particularly the Legal Services Regulation Act 2015 and Law Society guidelines.
Suggested Sections

1. Parties: Identification of the solicitor/law firm and the client

2. Background: Context of the agreement, including brief description of the legal matter for which services are being provided

3. Definitions: Key terms used throughout the agreement, including 'Success', 'Conditional Fees', 'Basic Charges', and 'Success Fee'

4. Scope of Services: Detailed description of the legal services to be provided under the agreement

5. Success Criteria: Clear definition of what constitutes 'success' in the matter and triggers the payment obligation

6. Basic Charges: Details of how basic legal fees are calculated and recorded

7. Success Fee: Explanation of the additional fee payable upon success, including calculation method and maximum limits

8. Payment Terms: Timing and method of payment, including treatment of disbursements and third-party costs

9. Client's Obligations: Client's responsibilities including providing information, cooperation, and maintaining confidentiality

10. Termination: Circumstances under which either party may terminate the agreement and the consequences

11. Governing Law: Confirmation that the agreement is governed by Irish law

12. Execution: Signature blocks and date of agreement

Optional Sections

1. Insurance Arrangements: Details of any relevant legal expenses insurance, used when the client has insurance that might cover legal costs

2. Third Party Funding: Provisions relating to any third-party funding arrangements, included when external funding is involved

3. Risk Assessment: Analysis of the likelihood of success and associated risks, included for more complex cases

4. Counsel's Fees: Provisions relating to barrister fees, included when counsel will be engaged

5. Alternative Dispute Resolution: Provisions for resolving disputes about the agreement, included for higher-value cases

6. Inheritance of Obligations: Provisions for what happens if the client dies during the case, included for personal injury or similar cases

Suggested Schedules

1. Schedule 1: Hourly Rates: Detailed breakdown of hourly rates for different levels of fee earners

2. Schedule 2: Disbursements: List of anticipated disbursements and how they will be handled

3. Schedule 3: Success Fee Calculation: Detailed methodology for calculating the success fee, including examples

4. Schedule 4: Risk Assessment: Detailed analysis of case risks and justification for the success fee percentage

5. Appendix A: Client Care Letter: Standard client care information as required by the Law Society of Ireland

6. Appendix B: Complaints Procedure: Details of the firm's complaints handling process

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



























Clauses

























Relevant Industries

Legal Services

Insurance

Financial Services

Healthcare

Construction

Manufacturing

Real Estate

Professional Services

Retail

Technology

Relevant Teams

Legal

Compliance

Finance

Risk Management

Corporate Governance

Operations

Procurement

Administration

Litigation Support

Legal Operations

Relevant Roles

General Counsel

Legal Director

Chief Legal Officer

Head of Legal

Compliance Officer

Risk Manager

Chief Financial Officer

Finance Director

Managing Partner

Senior Partner

Legal Operations Manager

Contract Manager

Practice Manager

Litigation Manager

Corporate Secretary

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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